








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Sheridan at 1315 W Main St, Sheridan, OR, 97378 generates $2,989/mo in rent and, after a $1,591/mo payment, leaves $1,027/mo in cash flow. Total monthly income is $2,989/mo, and annual cash flow is $12,324/yr on $107,738 invested. Return on cash invested sits at 31.35% in year one, and rental yield is 11.04% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 163.98% and total cumulative return in cash sums $176,665. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,989/mo property income rather than buyer’s personal income.
Manufactured
Built in 1981
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97378, Sheridan, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 1,913 (64.3%) |
| Renter Occupied HU | 917 (30.8%) |
| Vacant Housing Units | 147 ( 4.9%) |
| Median Home Value | $395,612 |
| Average Home Value | $482,628 |
Residential
2,652
Single Family
2,545
Multi-Family
107
Businesses
167
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Danne Wilson • Georgetown Realty Inc.
Mls Name: RMLS (OR)
Mls ID: #446033541